Persuasive Essay On Credit Cards

Improved Essays
Credit card companies love to prolong credit to college students,especially people that come right out of highschool.Ads for credit cards line campus bulletin boards, flash across commercial Web sites for students, and get stuffed into shopping bags and stuff. Why do the companies market their product so weird to a population that lacks a good credit history and really has no ongoing source of income? The answer is that good profits can be earned through high interest rates and assorted penalties and things. By granting college students liberal lending arrangements, credit card companies often hook them on a cycle of spending that will at some time lead to ruining financial business.Once in a while all of us have to face the have,to go to several companies and choose the most best solution for different types of insurance. Whether we are talking about health, life or car insurance, the market is full of people and it is a matter of our own preference to identify the ideal fit in service and financial terms.
SECTION HEADER
Many people use credit and debit ,but lots of people don’t use it in the correct way as it’s supposed to be used.but some flaws in my budget are that some things that i would like to do i can’t do,like going to the movies or going out to eat with the boys.now some of those things i cant do because small financial
…show more content…
I will use my knowledge of what I learned with my life as I go on to the real world, not to get caught up on my credit or debit score and ect.Today, when the management of your own money is more important than ever for public and private things, budgeting plays an big role in controlling operations good and effectively. Budgeting in itself is a familiar process to even the smallest history unit – the household - but it needs to be divided into two different Things: budgeting for public entities and private

Related Documents

  • Decent Essays

    Getting Carded, You Just Got Checked The essay “Getting Card” by David Migoya talks about a big problems that student experience while their in college, the use of credit cards. This problem is not affecting the companies of the credit card holder, who know exactly what their doing. The companies are just making money regardless, because of how many people they have in the system..…

    • 376 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Understanding the Fair Tax Act A lot of Bronx tax payers feel that the tax system applicable here is too complicated. It is thus that the wealthy and other exceptional groups are taking advantage of the same and the other tools to avoid the payment of taxes. It is this that a proposal to introduce Fair Tax Plan has now come up. There are many other reasons to this and it is thus that it has gained a lot of recognition too.…

    • 837 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    My advice to makayla is to never get stuck on one question no longer than five minutes. It's okay to skip a question and come back to it later once you have answer all of the other questions. It's also okay to guess intelligently on some of the questions. I feel that you shouldn't always linger on the same questions, because that can cause you to loose most of you time on the test. John When writing I think John should just write everything out first step-by-step.…

    • 428 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Have you reached the limit of your credit card? Are you short of cash? Unfortunately, your credit company is not likely to make your credit limit higher and your local bank is not likely to grant you any money. Of course, you can try to turn to your family members or friends for help, but what can you do if they are not able or willing to help you out? Are there any options left for you or are you stuck for good?…

    • 646 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    LOUDONVILLE — A fondness for math and science, participation in the STEM program and membership in the school's robotics team have culminated in the pursuit of engineering careers for Loudonville High School Teens of the Month Cole Kirkbride and Austin Zody. Kirkbride, Loudonville, is the son of Ian and Kris Viets and Todd and Lisha Kirkbride. In the fall he will pursue a degree at Ohio Northern University, where he has been admitted into the mechanical engineering program. Zody, Loudonville, is the son of Scott and Mary Zody. Zody has committed to the University of Akron where, he too, will study mechanical engineering in a five-year co-op program.…

    • 628 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Financially excluded people who are turned away by traditional credit lenders often feel that they have little choice but to turn to pay day lending when in desperate need of money. Pay day loans will continue to cause harm to these vulnerable members of society unless current regulation is increased to protect them, and alternate methods of credit are introduced to fill the gap in the market that pay day lending currently exploits. Legislation is needed to stop consumers spiralling in to un payable debt by prohibiting borrowers from receiving multiple loans. However legislation is not enough without education and an alternate service consumers can turn to. The government needs to implement alternative credit providers that can help financially…

    • 181 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    You’ve been dreaming of your fantasy job your entire life. You would have liked to one day turn into a legal counselor and now it's your time. You're going to attend a university and you’ve already applied for many student aid programs to help on your tuition to attend a university. With an aggregate of about $188, 500 to become a lawyer, what will you do you? You don’t have any other decision, but to apply for student loans.…

    • 889 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Persuasive Essay Draft

    • 906 Words
    • 4 Pages

    Imagine that you are in college playing in your last football game and you want to get drafted into the NFL. The scouts are watching you from the stands, you mess up, give up, and don’t want to get back of the field. Coach puts you back in the game you mess up again, but this time you are going 100 hundred percent and coach does not take you out of the game, that’s what the scouts are looking for. They are also looking for what you would do in a close situation. To be able to get drafted into the NFL is that you have to be prepared for the scouts to come, you have to be a Student-Athlete, and you have to be healthy enough and to work out with organizations.…

    • 906 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The United States of America debt is over 18 trillion US dollars. On average every adult today in the United States of America with a family has at least a $30,000 debt. We individuals are always being defined by numbers and the rules also applies when it comes to credit. On the long run it is not your Grade Point Average, SAT score, class rank, ELM placement score, EPT placement score, height, shoe size, nor your weight that defines you it is your financial credit that does because it will follow you whenever you apply for a job, try to purchase something, take out a credit card and of course when you apply for college loans. A college student with a bad financial credit will be denied to borrow money or have a high interest rate on his/her college loan.…

    • 635 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Tda 3.2 4.3

    • 252 Words
    • 2 Pages

    1. I use this lesson to help students prepare for the world after high school by assisting them in understand the purpose of creating and following a budget. 2. The object is to help students create, understand, and use a budget now that they are leaving high school and moving on to their next stage in their life.…

    • 252 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    When you are having a difficult time paying off your credit card debts, you would look for ways on how to make it easier. You may have encountered credit card relief programs before and this is just what you need to solve your problem. It may not be the easiest way out but it should be enough to help you. The first thing you need to do is to have a look at your expenses to determine which ones you really need, and which ones you can live without.…

    • 378 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Student debt seems to be a growing problem. Not only for the students, but for the parents and schools. In a survey, 95 percent of parents said that college education is very important, 25 percent do not plan to help their child pay for their college, and 46 percent said their children should fund at least some of the cost of college. Students will see more of their debts forgiven than previously thought. More than $108 billion in student loans will be forgiven over the next 10 to 20 years.…

    • 312 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    This is a school of which I feel proud to be a part. I have had fantastic times here and have found myself growing intellectually, socially and emotionally in way in which I could never have predicted. Despite this, I am deeply troubled by the issue of student debt due to the cost of tuition, both within Wayne State University (WSU), and within the country as a whole. I feel that this is an issue, which affects almost every aspect of student life and taints the overall experience of college. I write to you in order to discuss this issue and to encourage the support of necessary changes in the ways in which our students relate to their loans and, as a result, their overall college experience.…

    • 1267 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Every company is always thinking about how they can maximize their total earnings, and credit card companies are no different. While students may be one of the better targets for this because the majority don’t have credit cards and are low on funds; they also are some of the ones in most danger of overspending with not being knowledgeable. Even though this is the case, I think if the credit card companies are doing this in a more transparent and informative way than normal credit card signups, it is not a wrong thing to do, especially with added benefits. But, to go on a campus to do this, they should be required to teach the students that they are allowing to sign up for the credit card the pros and cons of having a credit card while not having a large amount of money.…

    • 718 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    There are different types of budgeting and planning that are available to a business, however organisation have to carefully decide what strategy works for them depending on their business model. After the completion of this topic in week 5, I was able to understand that there are unethical practices associated with budgeting one being the fact that managers might exploit the process for personal gain by purposely deflating their projected sales income to make it easier to achieve a bonus (Blumentritt, 2006). As well, Wolf (2015) stated that budgeting includes assumption, if this assumption is done wrong it can lead to managers making wrong decisions and take attentions away from problem area. This has led to my understanding as to what extent managers will continue to use budgeting to their personal gain and the global effect it will have in international business. The ethical issues associated with BSC is also not so much of a threat to business but it is important to draw the attention to the fact that managers view this as a quick fix, which can be easily installed in their…

    • 1536 Words
    • 7 Pages
    Superior Essays